Britain should get out of the electric vehicle business
A frantic round of last-minute lobbying is already underway. Officials are trying to stitch together a deal. And the Prime…
Will the Fed torpedo Joe Biden’s re-election?
Hollywood will be backing him en masse. The major newspapers will be rooting to put him back in the White…
The UK’s treatment of Activision shows it is closed for business
It was, admittedly, not quite as thrilling as an action sequence from Call of Duty. Even so, the statement put…
London’s stock market risks sinking into irrelevance
The chip maker ARM decided against listing its shares in London, despite plenty of arm twisting from the government. The…
The CBI has outlived any useful purpose
The director-general has been forced to stand down amid allegations of misconduct. There are allegations against others inside the organisation of harassment…
Deutsche Bank’s collapse would be a threat to the whole eurozone
It could be next month. It might be next week. Or it might well happen over the weekend. But today’s…
Rishi Sunak was wrong to publish his tax returns
He has plenty of money. He earns a substantial amount from his investments. And he gets a City firm to…
What can save Credit Suisse now?
It would be enough to buy Tesco twice over. Or Barclays, with almost enough change left over to buy Lloyds…
Jeremy Hunt will have to rescue Silicon Valley Bank’s London clients
It will be yet another bailout for failed bankers. It will simply encourage yet more risk-taking in the City. It…
Will the last company to leave the City please turn out the lights?
It would have been bad enough if just one major British company had decided to list its shares in New…
Why does Starmer think Britain should be richer than Poland?
Our growth rate has been miserable. We have not invested enough. And over thirteen years the Conservatives have cut spending…
How bitcoin bounced back after FTX
One of the major exchanges has gone spectacularly bust. Billions of investor’s money has been lost. There have been allegations…
Why is it so hard for Britain to control inflation?
We are not leading the world in deregulation, or in creating new ‘green industries’. We certainly don’t lead in tax-cutting,…
Trussonomics is slowly winning the argument
It was self-indulgent, whinging. Dull in places while completely batty in others. All the usual insults will be hurled at…
Don’t condemn Shell over its bumper profits
It is ‘obscene’ and ‘an insult to working families’, according to the TUC. If there was one thing more predictable…
The UK is right to keep faith in crypto
It will be a charter for fraudsters. It will usher in an open-season mindset for money launderers and criminals. And…
Davos man is back in charge of the global economy
Davos was back with a bang this week for the first full-scale winter conference since the pandemic. And yet, the…
We will miss the non-doms when they’re gone
It will cover a generous pay rise for the nurses. It will bail out the NHS. It will put the…
The UK has finally chalked up a Brexit win
We haven’t lowered tariffs on food. We haven’t done many new trade deals, and certainly not one with the United…
When will Covid fraud catch up with Rishi Sunak?
Remember Rishi-mania? It came around the time of the ‘Eat Out to Help Out’ scheme, which was designed to help…
What is Keir Starmer’s plan for growth?
A few vague promises about upgrading skills. And something or other about promoting innovation and raising productivity. Sir Keir Starmer…
Sunak’s Conservatives are the party of zero growth
We might get a new nuclear power station one day, unless the protestors or the Supreme Court find a way…
The sad decline of the London stock market
There is plenty for anyone in Paris to feel smug about if they happen to look across to the other…
Why interest rates are still lower than you might think
Anyone with a mortgage will be in serious trouble. Small businesses will go to the wall. Demand will be hammered.…
Rishi Sunak’s potential tax rises would guarantee a recession
It could be National Insurance. It could be income tax. Perhaps it could even be a rise in VAT. We…
